E.—6

29

AUCKLAND GRAMMAR SCHOOL BOARD. General Statement of Accounts for the Year ended 31st December, 1920. Receipts. Payments. Endowments Income Account :— £ s. d. Endowments Income Account :— £ s. d. Current income from reserves vested in Proportion of office salaries .. .. 497 12 11 Board .. .. .. .. 6,616 19 10 Proportion of office expenses .. .. 60 0 0 Revenue from secondary - education re- Repairs .. .. .. .. 1,093 17 0 serves .. .. .. .. 1,421 13 1 Insurance .. .. .. .. 168 911 Interest on moneys derived from endow- Rates .. .. .. .. 723 18 7 ments .. .. .. .. 199 0 0 Interest on mortgages .. .. 69 13 6 Auckland University College refund .. 23 3 0 Legal expenses .. .. .. 15 5 8 Repayment of Jahn mortgage .. 500 0 0 Recoverable expenditure .. .. 40 2 9 Transfers to other accounts — New Building Account .. .. 3,493 8 7 General Account .. .. .. 1,598 7 0 £8,260 15 11 £8,260 15 11 Endowments Capital Account : — Endowments Capital Account :— Balance, 31st December, 1919 .. 5,000 0 0 Balance, 31st December, 1920 .. 5,000 0 0 £5,000 0 0 £5,000 0 0 New Buildings and Sites Account :— New Buildings and Sites Account :— Government grants for new buildings, &c. — Balance, 31st December, 1919 .. 7,461 1 II Mount Albert site.. .. .. 5,585 10 0 New buildings, grounds, &o. (Mount AlEpsom additions .. .. .. 1,500 0 0 bert, £6,725; Mount Eden, £448 14s. Howe Street furniture, &c. .. .. 312 10 0 9d.; Epsom, £3,390 17s. 4d.; Howe Sale of stone .. .. .. 10 10 0 Street, £33 2s. 7d.) .. .. 10,597 14 8 Transfer from Endowments Income Ac- Furniture and apparatus (Mount Eden, ■ count .. .. .. .. 3,493 8 7 £49 7s. Bd. ; Epsom, £68 3s. 2d.; Balance, 31st December, 1920 .. 8,081 7 0 Howe Street, £554 os. lid.) .. .. 67111 9 Interest on loans for buildings .. 252 17 3 £18,983 5 7 £18,983 5 7 Secondary Department General Ao- Secondary Department General Account :— count :— Teachers'salaries and allowances ..24,829 12 1 Balance, 31st December, 1919 .. 1,28119 9 Incidental expenses .. .. .. 3,383 10 10 Government payment for salaries of Maintenance of buildings .. .. 1,398 18 3 teachers.. .. .. .. 26,032 7 1 Insurances.. .. .. .. 199 8 9 School fees.. .. .. .. 1,474 5 0 Library .. .. .. .. 44 6 5 War bursary .. .. .. 26 5 0 Sundries .. .. 59 3 0 Transfer from Endowments Income AcWar bursary .. .. .. 26 5 0 count .. .. .. .. 1,598 7 0 Balance, 31st December, 1920 .. 471 19 6 £30,413 3 10 £30,413 3 10 — ' I ft- —r Statement of Amounts due to Board and of Liabilities as at 31st December, 1920. Liabilities. £ s. d. Amounts due to Board. £ s. d. Loan, Diocesan Pension Board .. .. 1,000 0 0 Auckland City Council debentures .. 5,000 0 0 Sundry creditors — Government capitation due .. .. 966 7 8 Williamson Trust .. .. .. 759 8 6 Secondary-school fees due .. .. 252 13 0 Contractors'deposits .. .. 294 3 9 Outstanding rents .. .. .. 1,326 1 6 J. C. Macky Memorial .. .. 26 3 0 Grants due from Government for buildEric H. Astley Memorial .. .. 410 0 ings— Kenneth Commons Memorial .. .. 2 5 0 Mount Albert .. .. .. 1,121 12 9 Bank overdraft .. .. .. 6,410 8 7 Epsom No. 1 (additions) .. .. 200 0 0 Onpresented cheques .. .. .. 112 8 8 Epsom No. 2 (additions) .. .. 1,475 9 6 £8,609 7 6 £10,342 4 5 A. P. W. Thomas, Chairman. W. Wallace Kidd, Secretary.